#Eskom André de Ruyter is today releasing the company's interim financial results for the period ending September 2020.
#Eskom Ruyter says despite having to implementing #loadshedding on Saturday, the power utility has reduced it significantly.
#Eskom Ruyter says despite having to implementing #loadshedding on Saturday, the power utility has reduced it significantly.
#Eskom De Ruyter: We have revenue of R108.7 billion (Sep 2019: R107.5 billion) despite a 8.76% tariff increase, with sales volumes 10.3%
lower due to the impact of COVID-19 on economic activity and electricity demand
#Eskom De Ruyter: Growth in primary energy costs was stable at 4.4% – average purchase cost per ton of coal increased by only
4.6% (Sep 2019: 14.2%), offset by an increase in the use of diesel to minimise #loadshedding
#Eskom De Ruyter says maintenance has improved significantly. He says this will help lower the risk of #loadshedding but not remove it completely.
#Eskom De Ruyter: Kusile Unit 2 achieved commercial operation on 29 October 2020, with Unit 3 on track for commercial
operation by March 2021 and Medupi Unit 1 by July 2021
#Eskom De Ruyter says the power utilty is cooperating with authorities on criminal charges at Kendal power station. He says they have already instituted disciplinary proceedings. This is related to air pollution
#Eskom De Ruyter on Eskom unbundling. He says they look forward to the separation. Here are the timelines.
#Eskom De Ruyter: All key milestones for functional business separation have been achieved, except for the organisational
structure.
#Eskom CFO Calim Cassim says they are likely to ask for an 8% tariff increase due to the Covid-19 pandemic. He says they will not expect customers to pay a lot because of the global economic position at the moment.

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Jacaranda News

Jacaranda News Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @JacaNews

15 Dec
JUST IN: The constitutional court has dismissed Public Protector Busiswe Mkhwebane's application to appeal a high court ruling which said she has no powers to subpoena confidential taxpayer information
#PublicProtector Justice Mbuyiseli Madlanga says Mkhwebane could have asked for the tax information she required from former President Jacob Zuma. He says Zuma did not mind handing over the details.
#PublicProtector Madlanga says SARS has the right to withhold confidential taxpayer information in the face of a subpoena by Mkhwebane.
Read 8 tweets
14 Dec
Happening: President Cyril Ramaphosa will address the nation from the Union Buildings in Pretoria on the country's response plan to #COVID19. Image
Ramaphosa says he's alarmed by the dramatic spike in infections. The country now sits on a cumulative total of 866,127 cases. #COVID19
Ramaphosa: Given the rate of infections - there's every possibility that if we don't act immediately, the second wave will be more severe than the first. #COVID19
Read 16 tweets
14 Dec
#BASA The Beer Association of South Africa is hosting a virtual press conference to announce the stringent measures its members have put in place to ensure consumer safety this festive season. Follow @JacaNews for the live updates.
#BASA SA Tourism CEO Sisa Ntshona emphasizes that the Covid-19 is a “global pandemic”.

“We have an office in Germany and they have gone into a lockdown from 10 December until 10 January. No one is allowed to leave.”
#BASA Ntshona says SA’s Covid-19 approach is “risk adjusted”.

“When the numbers change, then the approach is also adjusted.”
Read 7 tweets
14 Dec
#HomeAffairs | The Minister of Home Affairs, Aaron Motsoaledi, is set to this home affairs office in Pretoria.

There is little social distancing as people avoid queuing in the rain.
The minister has arrived.
#HomeAffairs | Motsoaledi says everyone should be sanitized when they enter.
Read 4 tweets
14 Dec
#Dirco Minister, Naledi Pandor is currently briefing the media on international relations cooperation highlights in 2020 as well as upcoming events in 2021.
#Dirco | Pandor: The AU has also developed a vaccine strategy for the continent, and established a COVID-19 African Vaccine Acquisition Task Team (AVATT), in support of the Africa Vaccine Strategy tasked to ensure that COVID-19 vaccines are available for Africans.
#Dirco | Pandor says that there are fears that the richer countries may hoard vaccine stocks and use intellectual property rights to block access of vaccines to developing countries.
Read 5 tweets
12 Dec
#TrainCrash | Six people have been injured in a collision between a passenger and a freight train this morning. ImageImageImageImage
#TrainCrash | The incident took place close to the R502 outside Leeudoringstad in the North West.
#TrainCrash | ER24 spokesperson Ross Campbell says several coal cars had derailed in the collision and the passenger train's engine had caught fire. Image
Read 7 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!